Check Availability

724 Franklin Street

724 Franklin Street, Alexandria, VA 22314
Local assessors in Alexandria, VA have categorized 724 Franklin Street as a residential type of property. The home was built in 1979 and is 45 years old. It was most recently renovated and altered in 2002. The property's lot size has been calculated to be 871 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a townhouse style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 2 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 724 Franklin Street has a total of 1,008 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Do you like to entertain? The home has a open porch so you'll have a great option in the front of the home. Moving onto specific details regarding the building. Our sources show that the building condition is good. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with masonry control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - B. Lots of brick were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 724 Franklin Street sold most recently in Apr 24, 2021 for a total of $700,000. If you work out the math, that's approximately a cost of $694.44 per sqft. Before that, the property was also sold for $531,000 in Jul 8, 2015. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $7,289 in taxes each year. The initial year of tax delinquency occurred in 2021. 724 Franklin Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $656,643. If we break it down further, the land itself was valued at $361,136. Improvements to the property, however, were assessed at a total of $295,507. The property's total market value has been marked the same as the total assessed value which is pretty typical. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Exterior

Masonry Exterior
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20210325
03/25/2021
2 Bed
1 Bath
1008 ft²
$674,900
bedrooms
2 Bed
bathrooms
1 Bath
square feet
1008 ft²
$700,000 +3.72%
04/30/2021
Douglas Ackerson

Building Info

Overview

    General

  • Year Built: 1979
  • Effective Year Built: 2002
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: Good
  • Building Quality: B
  • Construction Type: Masonry
  • Building Style: Townhouse
  • Exterior Walls Type: Brick
  • Floor Count: 2
  • Basement Area: 0
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 871
  • Total Building Area: 1,008
  • Building Area: 1,008
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,008
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.02
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: LOTS 1-3 GOLDFARBS CORNER R/S 724-728 FRANKLIN ST (B-810)

Ownership

  • Current Owner : CONNOR RORY O
  • Current Owner 2: CONNOR GENEVIEVE O
  • Previous Owner : RAVELLA NICHOLAS J
  • Previous Owner 2: NASEEF KATE M
  • Owner Before Previous Owner: MACEK NATHAN M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Alexandria City Public Schools
  • Census Tract: 200703

Zoning

  • Zoning: RM - TOWNH

Geography

  • Assessors Map Reference: 80.02
  • Parcel: 50263800
  • Block: 9
  • Lot: 1-3
  • Latitude: 38.7981
  • Longitude: -77.0494

    Address

  • Full Address: 724 Franklin St
  • Address - House Number: 724
  • Address - Street Name: Franklin
  • Address - Suffix Type: St
  • State: VA
  • City Name: Alexandria
  • Carrier Code: C028
  • 4-Digit Zip Code: 4104
  • Zip Code: 22314

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $7,289
  • Intital Tax Deliquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.1139
  • Valuation Date: Sep 27, 2023
  • Confidence Score: 88
  • Final Value: 746,052
  • High Value: 831,044
  • Low Value: 661,060

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $525,000
  • First Open Lien Mortgage Lender: PENTAGON FEDERAL CREDIT UNION
  • First Open Lien Mortgage Recording Date: Apr 30, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $525,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $656,643
  • Market Land Value: $361,136
  • Market Improvement Value: $295,507

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $656,643
  • Assessed Land Value: $361,136
  • Assessed Improvements Value: $295,507

    Sales

  • Current Sale Contract Date: Apr 24, 2021
  • Current Sale Recording Date: Apr 30, 2021
  • Current Sale Transaction ID: 11834422946
  • Current Sale Price: $700,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 210011358
  • Previous Sale Recording Date: Jul 09, 2015
  • Previous Sale Contract Date: Jul 08, 2015
  • Previous Sale Amount: $531,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PENTAGON FEDERAL CREDIT UNION
  • First Mortgage Transaction Date: Apr 30, 2021
  • First Mortgage Loan Amount: $525,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: INTERCOASTAL MORTGAGE COMPANY
  • Previous Mortgage Transaction Date: Jul 09, 2015
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $477,900
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

About Downtown Alexandria



Similar Buildings

Townhouse at 724 Franklin Street,

620 South Washington Street

  • 1 Unit for Sale
  • 2 Stories
620 South Washington Street, Alexandria, VA 22314
Townhouse at 724 Franklin Street,

922 South Washington Street

  • 2 Units for Sale
922 South Washington Street, Alexandria, VA 22314
Townhouse at 724 Franklin Street,

613 South Royal Street

  • 1 Unit for Sale
  • 3 Stories
613 South Royal Street, Alexandria, VA 22314
Townhouse at 724 Franklin Street,

417 South Royal Street

  • 1 Unit for Sale
  • 2 Stories
417 South Royal Street, Alexandria, VA 22314
Townhouse at 724 Franklin Street,

925 South Fairfax Street

  • 1 Unit for Sale
925 South Fairfax Street, Alexandria, VA 22314
Townhouse at 724 Franklin Street,

209 Gibbon Street

  • 1 Unit for Sale
  • 2 Stories
209 Gibbon Street, Alexandria, VA 22314
Townhouse at 724 Franklin Street,

921 Duke Street

  • 1 Unit for Sale
  • 2 Stories
921 Duke Street, Alexandria, VA 22314
Townhouse at 724 Franklin Street,

500 Duke Street

  • 1 Unit for Sale
  • 3 Stories
500 Duke Street, Alexandria, VA 22314
Townhouse at 724 Franklin Street,

1304 Roundhouse Lane

  • 1 Unit for Sale
1304 Roundhouse Lane, Alexandria, VA 22314

Nearby Rentals

Unit for rent at 2443 Huntington Park Drive, ALEXANDRIA, VA, 22303

$3,300 /mo

  • 4 Beds
  • 3.5 Baths
  • 1,742 ft²
2443 Huntington Park Drive, ALEXANDRIA, VA, 22303 Listing by Kacey Bollrud
Unit for rent at 1225 First Street, Alexandria, VA, 22314

$3,290 /mo

  • 2 Beds
  • 2 Baths
  • 992 ft²
1225 First Street #B7, Alexandria, VA, 22314 Listing by Equity Residential
Unit for rent at 2201 Mill Road, Alexandria, VA, 22314

$3,253 /mo

  • 3 Beds
  • 2 Baths
  • 1,475 ft²
2201 Mill Road #Greenbriar with Den, Alexandria, VA, 22314 Listing by Equity Residential
Unit for rent at 319 Cameron St Fl 2, Alexandria, VA, 22314

$3,300 /mo

  • 1 Bed
  • 2 Baths
319 Cameron St Fl 2 #Unit FL 2, Alexandria, VA, 22314 Listing by Manager

Frequently Asked Questions

What neighborhood is 724 Franklin Street located in?
The 724 Franklin Street is a townhouse located in the neighborhood of Old Town Gardens Condominiums in Downtown Alexandria, Alexandria.
What is the average sales price for listings in 724 Franklin Street?
The average sales price for units in 724 Franklin Street is $674,900 , or $670/sqft. currently.

Quantcast